Carlsberg explores sale of minority stake in Asia unit

Denmark | Carlsberg is considering selling a minority stake in its Asian operations, with Sapporo Holdings identified as a leading contender to acquire the interest, people familiar with the matter told Bloomberg.  

Molson Coors to close Cork’s Franciscan Well brewery in the new year

Ireland | More bad news from Molson Coors: The long-standing Cork brewery behind some of the city’s best-known local brands has announced (17 November) it will cease production after Christmas. The closure will impact 15 staff members.

Guinness to double capacity of still-unfinished Kildare Brewery

Ireland | Guinness producer Diageo is set to spend an estimated additional EUR 257.5 million on its new plan to increase the capacity of its EUR 200 million state-of-the-art brewery at Littleconnell, Co Kildare. The drinks giant is to lodge plans in November with a statutory planning application notice connected to the project confirming that Diageo is to seek a 10 year planning permission for the scheme.

Foster’s strength slashed to 3.4 percent ABV in the UK

United Kingdom | The cost of living crisis: Heineken UK will reduce the strength of its Foster’s lager to 3.4 percent ABV from 3.7 percent ABV as of February 2026 to take advantage of duty savings on weaker beers, the trade publication The Grocer reported on 11 November. Punters were reassured that Foster’s “updated” ABV will not affect taste. 

Diageo halts maltings at Roseisle as Scotch whisky faces deepening strain

United Kingdom | Diageo has paused malt production at its Roseisle site, near Kinloss in Moray, until next summer in the latest sign of mounting pressure on the Scotch whisky supply chain. Farmers, maltsters and producers are feeling the squeeze as demand slows and costs rise, media reported on 18 November.

The Netherlands | In this seemingly never-ending story, final proceedings began at the Amsterdam District Court to determine the amount in compensation which Heineken must pay to Macedonian Thrace Brewery (MTB) for the proven anti-competitive conduct of Heineken’s Greek subsidiary, Athenian Brewery.

Shareholders tell Heineken: invest where it pays, or else

The Netherlands | As Heineken is aiming to deliver mid-single digit annual revenue growth until 2030, CEO Dolf Van den Brink had to come clean with investors (23 October) how this target can be met. Analysts were told the brewer will focus investment on 17 key markets, while considering divestment from underperforming markets.

‘Drastic Dave’ shall save embattled Diageo

United Kingdom | Diageo’s shareholders breathed a sigh of relief on 10 November after the drinks group announced the appointment of its new CEO, Sir Dave Lewis. The news that Diageo had not only ended an awkward four-month long recruitment drive, but had sent for the man widely credited with saving the UK retailer Tesco, boosted Diageo’s shares by as much as 7 percent that day.

EU court rules non-alcoholic drinks cannot be called ‘gin’

Luxembourg | The EU’s top court has ruled that non-alcoholic drinks cannot be called gin. Only spirit drinks based on ethyl alcohol, flavoured by juniper berries with a minimum alcoholic strength of 37.5 ABV, can be marketed as gin, the court said in a judgment issued on 13 November. 

Russia | Russia’s largest bank, Sberbank, has acquired through its subsidiary Sberbank Investments a 9.1 percent stake in Bochkarev Breweries, previously known as United Breweries (OPH), which itself was the renamed Russian unit of Heineken. As of 1 November, Bochkarev Breweries is the new name of Russia’s third-largest brewery. The Russian news site Kommersant reported on 30 October that local observers value the investment between RUB 1.3 billion and RUB 1.7 billion (USD 21 million).